College Station, Texas — Student Quarters has acquired Cherry Street Apartments, a student housing community located near Texas A&M University in College Station.
Built in 2016, the property is composed of two, six-story buildings offering one- and two-bedroom units with bed-to-bath parity. Shared amenities include a study lounge, pool, sundeck and a fitness pavilion.
“Much like our recent closing in Tempe, Arizona, owning a deal in College Station further cements Student Quarters’ reputation as a true national owner,” says Chief Acquisitions Officer Andrew Layton. “We have been circling this market and this specific asset for many years. We are thrilled to have Cherry Street become the latest addition to our rapidly expanding portfolio.”